Listing Id: 28998
Last Refreshed: 30/10/2023
Total Views: 1829
(Expired)Largest Textile Own Retail For Sale In This Location
Ternate, North MalukuFashionRetail
Asking Price: $450,000(Neg.)
Business For Takeover
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- Overview
- Reason For Sale
- Description
Overview
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Premise Type
Office Building
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Premise Size
N/A
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Monthly Rental
N/A
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Rental Desposit
N/A
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Revenue
$25,000
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Liability
N/A
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Gross Profit
N/A
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Net Profit
$18,000
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
N/A
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Established
N/A
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Source
Direct Seller
Reason For Sale
Planning to Retire
Description
Owner planning to retire as none of his kid are interested in taking over the family business.
Textile business is a booming business in the Indonesia market. We have the largest textile retail
in this very exotic Island in North Maluku Ternate. With over USD $220,000 worth of inventory, our business
is still operating. We sell a huge range for Batik, Kebaya, shirting, suits and goverment uniforms materials.
Business is still 100% operating with full manpower.
The Retail shop space has been purchase and its currently value estimated is around USD $215,000. Property in
this area keeps doing well with high % growth and location is in a prime area.
Price asking is IDR7B or USD$450,000 negotiable.